Washington needs to make a decision about its foreign-policy priorities, if tensions in eastern Ukraine are not reduced. Giving the events in Ukraine priority over all other international developments is a hazardous strategy. Negotiations have gotten us nowhere, and way more assertive steps against Russia are not likely to make Putin give in, since he seems to be determined not to lose his influence over eastern Ukraine and eager to demonstrate Russia’s power. Furthermore, a much tougher stance on Russia might backfire easily, since Moscow might react by undermining fundamental American national-security interests. The dual approach of enacting targeted sanctions against Russia on the one hand and engaging Moscow on the other is messy and troublesome. And yet, there is no better alternative for the time being.